DOCSLIB.ORG

Sun Hung Kai Properties Limited

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Sun Hung Kai Properties Limited Cover Photos 1 2 1. Leighton Hill development in Causeway Bay 2. Le Sommet, North Point 3. One International Finance Centre, above Hong Kong 3 Station on the Airport Railway 4 4. SmarTone Telecommunications 5. Route 3 (Country Park Section) 6. Hong Kong Business Aviation Centre 5 6 SUN HUNG KAI PROPERTIES LIMITED Annual Report1998-99 Web site : http://www.shkp.com.hk Contents 4 Corporate Information 5 Shareholders’ Information 6 Financial Highlights 8 Corporate Structure 10 Chairman’s Statement 24 Directors’ Report Review of Operations 34 Land Bank 36 Property Development 39 Property Investment 53 Related Business Activities 64 Infrastructure and Transportation 71 Other Investment Holdings 80 Mainland China Business 81 Group Finance 85 Investor Relations 86 Customer Service 87 Environmental Protection and Promotion 90 Staff Relations and Training 92 The Group and The Community 94 96 Management Discussion and Analysis 107 Group Financial Summary 109 Directors and Organisation A1 Report of the Auditors A3 Principal Accounting Policies A15 Consolidated Profit and Loss Account A16 Consolidated Balance Sheet A17 Parent Company Balance Sheet A18 Consolidated Cash Flow Statement A19 Notes to the Financial Statements A35 Principal Subsidiaries A45 Principal Jointly Controlled Entities A48 Principal Associated Companies Corporate Information Directors KWOK Ping-sheung, Walter Chairman & Chief Executive LEE Shau-kee Vice Chairman KWOK Ping-kwong, Thomas Vice Chairman & Managing Director KWOK Ping-luen, Raymond Vice Chairman & Managing Director HO Tim Independent Non-Executive Director WOO Po-shing Independent Non-Executive Director FUNG Kwok-king, Victor Independent Non-Executive Director KWAN Cheuk-yin, William Independent Non-Executive Director LO Chiu-chun, Clement Non-Executive Director LAW King-wan Executive Director CHAN Kai-ming Executive Director CHAN Kui-yuen, Thomas Executive Director KWONG Chun Executive Director WONG Yick-kam, Michael Executive Director WONG Chik-wing, Mike Executive Director Secretary LAI Ho-kai, Ernest Registered Office 30 45th Floor, Sun Hung Kai Centre, 45 30 Harbour Road, Wanchai, Hong Kong. (852) 2827 8111 Telephone: (852) 2827 8111 (852) 2827 2862 Facsimile: (852) 2827 2862 http://www.shkp.com.hk Internet: http://www.shkp.com.hk [email protected] E-mail: [email protected] Auditors Deloitte Touche Tohmatsu Registrars 183 Central Registration Hong Kong Limited 17 1712-6 Shops 1712-6, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong. Principal Bankers The Hongkong & Shanghai Banking Corporation Limited Bank of China Hang Seng Bank Limited Standard Chartered Bank The Bank of Tokyo – Mitsubishi Limited The Sanwa Bank Limited The Sumitomo Bank, Limited The Chase Manhattan Bank Banque Nationale de Paris ABN Amro Bank Solicitors Woo, Kwan, Lee & Lo Johnson, Stokes & Master Winston Chu & Company 4 Shareholders’ Information Shareholders’ Calendar Close for Register of Members 25/11/1999 - 2/12/1999 (both days inclusive) Annual General Meeting 2/12/1999 Dividends Interim (per share) HK$0.50 Paid on 15/4/1999 Final (per share) HK$1.05 Payable on 3/12/1999 Security Code Stock code 16 American Depositary Receipt CUSIP number 86676H302 Trading symbol SUHJY Ordinary share to ADR ratio 1:1 Listing Level One (OTC) Depositary Bank Citibank, N. A. ADR Department, 20th Floor, 111 Wall Street, New York, N.Y.10043 Toll-free telephone number 1-877-CITI-ADR (1-877-248-4237) 5 Financial Highlights For the year ended 30th June Turnover (HK$ million) Profit attributable to shareholders (HK$ million) • excluding exceptional items • including exceptional items Earnings per share (HK$) • excluding exceptional items • including exceptional items Dividends per share (HK$) Shareholders’ funds per share (HK$) Gross rental income (HK$ million) Net rental income (HK$ million) * Net recurrent earnings before interest and tax* (HK$ million) Net debt to shareholders’ funds ratio (%) Land bank (million square feet) * * Including contributions from jointly controlled entities and associated companies 6 Financial Highlights (cont’d) Turnover 1999 1998 % Change HK$ Million 30,000 28,960 25,000 23,222 23,680 22,619 23,680 23,222 +2% 20,000 19,845 15,000 10,000 8,683 11,960 -27% 5,000 9,278 7,260 +28% 0 1995 1996 1997 1998 1999 Year Earnings and Dividends Per Share HK$ 3.62 5.00 -28% 6 5.93 5 3.87 3.04 +27% 4.69 4.46 4 3.87 3.04 1.55 1.20 +29% 3 2.35 2 1.75 1.86 1.55 1.20 44.40 47.55 -7% 1 0 1995 1996 1997 1998 1999 Year 5,510 5,650 -2% Net Asset Value Per Share* 4,203 4,443 -5% HK$ 60 56.38 50 47.55 45.10 44.40 5,803 6,189 -6% 41.40 40 30 12.0 17.8 -33% 20 10 50.6 50.6 0 1995 1996 1997 1998 1999 Year 7 Corporate Structure 33% 26% 50% 65% 100% 35% 33% 20% 28.5% 50% * 8 Corporate Structure (cont’d) Sun Hung Kai Properties* Mainland Hong Kong China Property Infrastructure Property Property Property Related & Development Development Investment Business Transportation & Investment 18.5 million 27.9 million Mobile Phone 0.6 million sq.ft. completed Franchised Bus sq.ft. under Hotels Operation sq.ft. under investment (KMB*) development properties (SmarTone*) development 33% 26% 1.7 million 21 million Airport Freight 4.2 million sq.ft. completed sq.ft. of agricultural Toll Road Forwarding land sq.ft. under Construction investment (Route 3 CPS) Centre (site area) development properties 50% 65% Transport Property Infrastructure Business Management Management Aviation Centre (Wilson Group) 100% 35% Financial River Trade Landfill & Waste Services Terminal Management 33% 20% Container Insurance Terminal (CT9) 28.5% Mid-Stream Operation 50% * Listed in Hong Kong 9 Chairman’s Statement I am pleased to present my report to the shareholders: Results The Group’s profit after taxation and minority interests for the year ended 30th June 1999 was HK$9,278 million, an increase of 28 per cent compared with last year’s profit of HK$7,260 million. Earnings per share for the year was HK$3.87, representing an increase of 27 per cent compared with HK$3.04 for the previous year. Dividends The Directors have recommended the payment of a final dividend for the year ended 30th June 1999 of HK$1.05 per share. Together with the interim dividend of HK$0.50 per share, the total dividend for the full year is HK$1.55 per share, representing an increase of 29 per cent when compared with the previous year. Le Sommet (left) in North Point and The Belcher’s (bottom) in Mid-Levels West both sold extremely well when they were launched. 10 Chairman’s Statement (cont’d) Review Sales During the year ended 30th June 1999, total property sales generated by the Group, both as principal and as agent, amounted to HK$21,904 million, compared with last year’s sales of HK$25,916 million. Major projects marketed during the period included Scenic View in Ngau Chi Wan, Grand Horizon in Tsing Yi, Castello in Shatin, Le Sommet in North Point, Chelsea Heights Phase 2 in Tuen Mun and The Belcher’s Phase 1 in Mid- Levels West. During the year under review, the Group completed the following twelve projects, with an attributable gross floor area of about 5 million square feet: Group’s Attributable Project Location Usage Interest Gross Floor Area (%) (square feet) 100 1,328,500 Symphony Bay Sai Sha Road, Residential Sai Kung 100 1,050,000 Grand Pacific Views Castle Peak Road, Residential/ & Grand Pacific Heights Tuen Mun Shops 1 20 192,800 Tung Chung Crescent Tung Chung Town Residential (Blocks 1 - 6) Lot 1 1 5 100 165,900 Waterfront South 1 - 5 Yue Wok Street, Residential/ Aberdeen Shops 8 22.5 158,000 Villa Esplanada 8 Nga Ying Chau Street, Residential Phase 2 Tsing Yi 11 Chairman’s Statement (cont’d) Group’s Attributable Project Location Usage Interest Gross Floor Area (%) (square feet) 1 100 144,000 Chateau Royale 1 Yung Yi Road, Residential Tai Po 100 144,000 Hillview Court Pak Shek Wo, Residential Sai Kung 8 100 100,700 Le Palais 8 Pak Pat Shan Road, Residential Tai Tam 3 8 92,400 Belair Monte 3 Ma Sik Road, Fanling Residential/ Shopping Centre 1 7 22,200 Greenfields 1 Fung Kam Street, Residential Yuen Long * 388 100 1,230,000 Millennium City 388 Kwun Tong Road, Office Phase 1* Kowloon East * 1 47.5 373,000 One International 1 Harbour View Street, Office Finance Centre* Central Total 5,001,500 * * Retained for investment, except 300,000 square feet of Millennium City Phase 1, which was sold to an end-user. 12 Chairman’s Statement (cont’d) Approximately 95 per cent of the residential units completed and marketed during the year have been sold. Land Bank During the year, the Group added a total of 3.8 million square feet of attributable gross floor area to its land bank through land use conversion and other means: Attributable Group’s Attributable Gross Floor Project Usage Interest Site Area Area (%) (square feet) (square feet) 504 100 314,000 1,743,000 Yuen Long Town Lot 504 Residential/ Commercial 736,000 Ma Wan (additional plot ratio) Residential Joint Venture N/A 399 100 125,000 375,000 Tuen Mun Town Lot 399 Residential 1 31,600 158,000 1 Ho Man Tin Hill Road Residential Joint Venture 100 123,600 152,000 To Fung Shan Residential Phases 3 & 4, Shatin 6328 35.44 72,000 590,000 NKIL 6328, Cheung Sha Wan Residential/ Commercial/ Hotel Total 666,200 3,754,000 13 Chairman’s Statement (cont’d) In addition, the Group recently acquired two other sites, 418A 418 A 129 Kwun Tong Road and AIL 129 in Ap Lei Chau.
Load more

Recommended publications
  • Never Say Goodbye, Just See You Later
    DIRECTORS AND MANAGEMENT EXECUTIVES PROFILE Never say goodbye, just see you later. 30 SmarTone Telecommunications Holdings Limited DIRECTORS AND MANAGEMENT EXECUTIVES PROFILE Directors Raymond KWOK Ping-luen, Chairman & Non-Executive Director Mr. Raymond Kwok (aged 52), was appointed as Director of the Group in April 1992. He holds a Master of Arts degree in Law from Cambridge University, a Master degree in Business Administration from Harvard University, an Honorary Doctorate degree in Business Administration from The Open University of Hong Kong and an Honorary Doctorate degree in Laws from The Chinese University of Hong Kong. He is Vice Chairman and Managing Director of Sun Hung Kai Properties Limited, the controlling shareholder of the Company, Chairman of SUNeVision Holdings Ltd., a director of The Kowloon Motor Bus Holdings Limited and an independent non-executive director of Standard Chartered Bank (Hong Kong) Limited. In civic activities, Mr. Kwok is a non-executive director of the Securities and Futures Commission, a director of The Real Estate Developers Association of Hong Kong, a member of the General Committee of The Hong Kong General Chamber of Commerce, a member of the Hong Kong Port Development Council, Vice Chairman of the Council of The Chinese University of Hong Kong. He is also Chairman of the Management Committees of the Police Children’s Education Trust and the Police Education and Welfare Trust. Douglas LI, Executive Director & Chief Executive Officer Sharp SX313 Mr. Douglas Li (aged 51), was appointed Director and Chief Executive Officer of the Group in July 2001. Mr. Li had served as the Group’s founding CEO from its inception in 1992 until 1996.
    [Show full text]
  • The Hyperlinks of Merchant Websites Will Bring to You to Another Website on the Internet, Which Is Published and Operated by a Third Party
    The hyperlinks of merchant websites will bring to you to another website on the Internet, which is published and operated by a third party. Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such websites, then the terms of use and other terms and guidelines for such website shall prevail. Offers are applicable for Standard Chartered Visa Credit Card Offers are applicable for Standard Chartered Mastercard Offers are applicable for Standard Chartered UnionPay Dual Currency Platinum Credit Card Offers are applicable for Standard Chartered WorldMiles Card Merchants Offers Details and Merchant's Additional Terms and Conditions Contact Details (852) 2833 0128 BEE CHENG HIANG SHOP NO.1 GROUND FLOOR, YING KONG MANSION, NO. 2-6 10% off on regular-priced meat products upon spending of HK$300 or above YEE WO STREET, CAUSEWAY BAY Promotion period is from 1 Jan to 31 Dec 2017. (852) 2730 8390 SHOP C, G/F, DAILY HOUSE, Merchant website: http://www.bch.hk NO.35-37 HAIPHONG ROAD, TSIM SHA TSUI (852) 2411 0808 SHOP NO.2 GROUND FLOOR,NO. 60 SAI YEUNG CHOI STREET SOUTH, MONGKOK (852) 3514 4018 SHOP NO.B02-36, LANGHAM PLACE,NO.8 ARGYLE STREET, MONGKOK (852) 2362 0823 SHOP NO.E5,HUNG HOM STATION,HUNG HOM (852) 2357 077 SHOP NO.KWT 20 ,KWUN TONG STATION, KWUN TONG (852) 2365 2228 Shop B12, Basement 1, Site 5,(Aeon Dept Store)Whampoa Garden, Hung Hom, Kowloon (852) 2698 8310 SHOP NO.
    [Show full text]
  • GN 2147 Companies Registry MONEY LENDERS ORDINANCE
    G.N. 2147 Companies Registry MONEY LENDERS ORDINANCE (Chapter 163) NOTICE is hereby given pursuant to regulation 7 of the Money Lenders Regulations that the following applications for a money lender’s licence have been received:— No. Name Address 1. Jimei Finance Limited Room 1306, 13th Floor, Jubilee Centre, 18 Fenwick Street, Wan Chai, Hong Kong. 2. H & C Finance Limited Unit 1706, Level 17, Tower II, Metroplaza, 223 Hing Fong Road, Kwai Chung, New Territories. 3. Goldyard Finance Limited 16th Floor, West Exchange Tower, 322 Des Voeux Road Central, Sheung Wan, Hong Kong. 4. Earnest Asia Company Limited Unit 1701D, 17th Floor, Witty Commercial Building, 1A–1L Tung Choi Street, Mong Kok, Kowloon. 5. Thousand Gold Credit Limited Unit 18, 20th Floor, Fortune Commercial Building, 362 Sha Tsui Road, Tsuen Wan, New Territories. 6. Tangent Asia Pacific Finance Limited Room 1107, Tower I, Lippo Centre, 89 Queensway, Hong Kong. 7. KP Credit Gain Finance Company (1) Suite 5606, 56th Floor, Central Plaza, 18 Limited Harbour Road, Wan Chai, Hong Kong. (2) Unit 1705A1, 17th Floor, Tower 1, Silvercord, 30 Canton Road, Tsim Sha Tsui, Kowloon. 8. Heavy Punch Finance Limited Room 09, 14th Floor, New Trend Centre, 704 Prince Edward Road East, Kowloon. 9. Zhongcai Finance Limited 5th Floor, Zhongcai Centre, 131 Queen’s Road Central, Hong Kong. 10. Prosperity International (Asia) Limited Unit C, 16th Floor, Full Win Commercial Centre, 573 Nathan Road, Kowloon. 11. Royal Mind Limited Room 1716, 17th Floor, Asia Trade Centre, 79 Lei Muk Road, Kwai Chung, New Territories. 12. 3 Sing Wealth Credit International Room K2 in Room K, 18th Floor, Maxgrand Limited Plaza, 3 Tai Yau Street, Kowloon.
    [Show full text]
  • Standard Chartered Bank (Hong Kong)
    Consumption Voucher Scheme Locations with drop-box for collection of paper registration forms Standard Chartered Bank (Hong Kong) Number Location Bank Branch Branch Address 1 HK Shek Tong Tsui Branch Shops 8-12, G/F, Dragonfair Garden, 455-485 Queen's Road West, Shek Tong Tsui, Hong Kong 2 HK 188 Des Voeux Road Shop No. 7 on G/F, whole of 1/F - 3/F Branch Golden Centre, 188 Des Voeux Road Central, Hong Kong 3 HK Central Branch G/F, 1/F, 2/F and 27/F, Two Chinachem Central, 26 Des Voeux Road Central, Hong Kong 4 HK Des Voeux Road Branch Shop G1, G/F & 1/F, Standard Chartered Bank Building, 4-4A Des Voeux Road Central, Central, Hong Kong 5 HK Exchange Square Branch The Forum, Exchange Square, 8 Connaught Place, Central, Hong Kong 6 HK Admiralty Branch Shop C, UG/F, Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong 7 HK Queen's Road East Branch G/F & 1/F, Pak Fook Building, 208-212 Queen's Road East, Wanchai, Hong Kong 8 HK Wanchai Southorn Branch Shop C2, G/F & 1/F to 2/F, Lee Wing Building, 156-162 Hennessy Road, Wanchai, Hong Kong 9 HK Wanchai Great Eagle Shops 113-120, 1/F, Great Eagle Centre, 23 Branch Harbour Road, Wanchai, Hong Kong 10 HK Causeway Bay Branch G/F to 2/F, Yee Wah Mansion, 38-40A Yee Wo Street, Causeway Bay, Hong Kong 11 HK Times Square Priority Whole of Third Floor & Sixth Floor, No. 8 Banking Centre Branch Russell Street, Causeway Bay, Hong Kong 12 HK Happy Valley Branch G/F, 16 King Kwong Street, Happy Valley, Hong Kong 13 HK North Point Centre Branch Shop G2, G/F, North Point Centre, 278-288 King's Road,
    [Show full text]
  • Contract Settlement Prices Summary: Hong Kong
    HK Index Daily Preview 21 October 2020 Contract Settlement Prices Contract Settlement Change (Nominal) Change (Percentage) Mini-Hang Seng Index OCT 20 24,502 -47 -0.19% Mini-Hang Seng China Enterprises Index OCT 20 9,961 -6.00 -0.06% Summary: Hong Kong stocks struggled for fresh catalysts on Tuesday to sustain a three-week rally as a government report showed further weakness in the local employment market. Most equity markets in Asia-Pacific region retreated after a sell-off in US stocks overnight. The Hang Seng Index laboured to a 0.1 per cent gain at 24,569.54, having traded between gains and losses. Alibaba Group Holding climbed 0.7 per cent after breaching the HK$300 mark for the first time since its November debut, as its affiliate Ant Group won approval for its stock offering from the bourse operator. Major stock gauges in mainland China rose. The CSI300 index, which tracks the biggest companies on Shanghai and Shenzhen bourses, closed 0.8 per cent higher to 4,793.47, arresting a 1.7 per cent slide in the past four trading days. The Shanghai Composite Index added 0.5 per cent, and the Shenzhen tech board ChiNext jumped more than 1 per cent. Benchmarks in Japan and Australia declined by 0.4 per cent and 0.7 per cent respectively, while South Korea’s Kospi rose by 0.5 per cent. A deadlock in US stimulus talks pummeled US equities overnight, with the S&P 500 Index losing 1.6 per cent, the most since September 23, according to Bloomberg data.
    [Show full text]
  • 2019 AABI the 25Th General Assembly & 2019 Epic
    2019 AABI The 25th General Assembly & 2019 EPiC Date: Nov 5-8, 2019 Venue: AABI Annual Assembly: Lakeside 2, Hong Kong Science and Technology Park, Shatin, New Territories, Hong Kong, China EPiC: International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong, China Host: Organizer: PROGRAM Nov 5th (Tue) Day 1 Arriving Hong Kong Hotel check in Nov 6th (Wed) HKSTP Orientation Day 2 Company Match-making Session Dinner at HKSTP AABI Annual Conference Preparatory Meeting Nov 7th (Thu) Angel x Corporate Ventures Conference 2019 Day 3 AABI General Assembly AABI Awards Ceremony + Dinner banquet Nov 8th (Fri) Day 4 The Elevator Pitch Competition "EPiC" Registration Registration due day September 6, 2019 Registration fee USD300 NOTE: The registration fee of TWO authorized representatives from every AABI association member can be waived. Registration includes admissions to all sessions, refreshments, welcome reception, official tour and Banquet. 2019 AABI The 25th General Assembly & 2019 EPiC ABOUT EPiC Elevator Pitch Competition, “EPiC” in short, is a fun-filled international start-up event organised by Hong Kong Science and Technology Parks Corporation (HKSTP). 100 start-ups will be selected to pitch their ideas in a 60-second elevator ride at the International Commerce Centre (ICC), the most iconic skyscraper in Hong Kong. They will compete for the chance to win an investment prize of not less than US$150,000! There were one hundred high potential start-ups from 24 economies took part in the Elevator Pitch Competition 2018 (EPiC) last year. The global signature start-up event drew a record high number of 591 applications, including both local and international start-ups.
    [Show full text]
  • The London Gazette of TUESDAY, the 2Jth of JANUARY, 1948 Published By
    tnumb, 3819° 699 SUPPLEMENT TO The London Gazette Of TUESDAY, the 2jth of JANUARY, 1948 published by Registered as a newspaper THURSDAY, 29 JANUARY, 1948 The War Office, January, 1948. OPERATIONS IN HONG KONG FROM STH TO 25x11 DECEMBER, 1941 The following Despatch was submitted to the the so-called " Gmdrinkers' Line," with the Secretary of State for War, on 2is£ hope that, given a certain amount of time and November 1945, by MAJOR-GENERAL if the enemy did not launch a major offensive C. M. MALTBY, M.C., late G.O.C., British there, Kowloon, the harbour and the northern Troops in China. portion of the island would not be subjected to artillery fire directed from the land. Time was SIR, also of vital importance to complete demolitions I 'have the honour to address you on the of fuel stores, power houses, docks, wharves, subject of the operations in Hong Kong in etc., on the mainland; to clear certain food Decemiber, 1941, and to forward herewith an stocks and vital necessities from the mainland account of the operations which took place at to the island; to sink shipping and lighters and Hong Kong 'between 8th and 25th December, to clear the harbour of thousands of junks and 1941. sampans. It will be appreciated that to take such irrevocable and expensive steps as men- 2. In normal circumstances this despatch tiori^dln the foregoing sentence was impossible would have been submitted through Head- until it was definitely known that war with quarters, Far East, tout in the circumstances in Japan was inevitable.
    [Show full text]
  • Kowloon Area - Kowloon
    REPS Kowloon Area - Kowloon Kai Tak Tsing Yi Lai Chi Kok Kai Tak Tai Kok Tsui Tseung Kwan O Hung Hom Lohas Park Hung Hom Tsim Sha Tsui Homantin 개요: 1. Hung Hom 2. Homantin 3. Kai Tak 13 www. repshk.com Tel: 2997 4866 [email protected] Copyright © REPS HK All rights reserved REPS Kowloon Area 1. Hung Hom a. Royal Peninsula Transaction Records Address 가격 Saleable Area Reg. Date F Lower Floor BLOCK 3 ROYAL PENINSULA (Lease)$20,000 462s.f. 30/04/2020 F Middle Floor BLOCK 5 ROYAL PENINSULA (Lease)$21,500 561s.f. 07/04/2020 E Upper Floor BLOCK 5 ROYAL PENINSULA (Lease)$28,000 567s.f. 01/04/2020 Unit Plan 크기 가격 범위 방 2, 화장실 1 384-600 18,000-30,000 준공 년도: 2000 방 3, 화장실 1-2 650-1,050 31,000-60,000 최고 층수: 47/F 세대 수: 1,669 units 방 3-4, 화장실 2-3 1,050-1,820 63,000-83,000 렌트 가격대: 19k-83k 유닛 크기: 384-1820 b. Harbour Place Transaction Records Address 가격 Saleable Area Reg. Date F Upper Floor TOWER 6 HARBOUR PLACE (Lease)$17,000 432s.f. 09/05/2020 K Lower Floor TOWER 6 HARBOUR PLACE (Lease)$18,000 481s.f. 01/05/2020 D Lower Floor TOWER 2 HARBOUR PLACE (Lease)$23,500 589s.f. 01/05/2020 A Upper Floor TOWER 6 HARBOUR PLACE (Lease)$19,000 432s.f. 23/04/2020 D Lower Floor TOWER 7 HARBOUR PLACE (Lease)$24,000 589s.f.
    [Show full text]
  • Premium Brand Solidfoundations Customer Focus
    Foundations Premium Brand Premium 2015/16 Solid Customer Focus Customer Annual Report Stock Code : 16 2015/16 Annual Report C007445 Contents 2 Board of Directors and Committees 3 Corporate Information and Information for Shareholders 4 Financial Highlights and Land Bank 6 Group Financial Summary 7 Business Structure 8 Chairman’s Statement 24 Business Model and Strategic Direction 26 Review of Operations 28 Hong Kong Property Business 54 Mainland Property Business 74 Property Related Businesses 83 Telecommunications and Information Technology 84 Infrastructure and Other Businesses 87 Corporate Finance 88 Financial Review 92 Investor Relations 94 Sustainable Development 102 Corporate Governance Report 115 Directors’ Report 140 Directors’ Biographical Information 150 Executive Committee 151 Consolidated Financial Statements Board of Directors and Committees Board of Directors Executive Directors Kwok Ping-luen, Raymond (Chairman & Managing Director) Wong Chik-wing, Mike (Deputy Managing Director) Lui Ting, Victor (Deputy Managing Director) Kwok Kai-fai, Adam Kwok Kai-wang, Christopher Kwong Chun Tung Chi-ho, Eric Fung Yuk-lun, Allen Kwok Ho-lai, Edward (Alternate Director to Kwok Ping-luen, Raymond) Non-Executive Directors Lee Shau-kee (Vice Chairman) Woo Po-shing Kwan Cheuk-yin, William Woo Ka-biu, Jackson (Alternate Director to Woo Po-shing) Independent Non-Executive Directors Yip Dicky Peter Wong Yue-chim, Richard Li Ka-cheung, Eric Fung Kwok-lun, William Leung Nai-pang, Norman Leung Kui-king, Donald Leung Ko May-yee, Margaret Committees
    [Show full text]
  • File Ref.: MA 60/1(2002) Pt.4 LEGISLATIVE COUNCIL BRIEF
    File Ref.: MA 60/1(2002) Pt.4 LEGISLATIVE COUNCIL BRIEF SHIPPING AND PORT CONTROL (AMENDMENT) REGULATION 2002 INTRODUCTION At the meeting of the Executive Council on 25 June 2002, the Council ADVISED and the Chief Executive ORDERED that the A Shipping and Port Control (Amendment) Regulation 2002, at Annex A, should be made under section 80(1) of the Shipping and Port Control Ordinance to impose a designated area in the Kap Shui Mun water area and require all vessels to tender pre-arrival notification (PAN). BACKGROUND AND ARGUMENT Imposing a Special Area in the Kap Shui Mun area 2. At present, through traffic to and from the northwestern approaches of Hong Kong waters are free to be conducted in either the Kap Shui Mun Fairway or Ma Wan Fairway. Such traffic can be both southeast-bound and northwest-bound. The average navigational width of the Kap Shui Mun Fairway and Ma Wan Fairway are 210 metres and 680 metres respectively. 3. In view of the collision incidents that happened in the Kap Shui Mun area, Marine Department conducted an in-house study in the year 2000 on the traffic using the area with a view to developing measures to improve navigational safety there. The study recommends, inter alia, that a single direction traffic scheme should be introduced to the Kap Shui Mun area. Under the scheme, through traffic in the northern part of the much narrower Kap Shui Mun Fairway should be limited to southeast-bound only. The two-way bound traffic arrangement in both the southern part of the Kap Shui Mun Fairway and the entire Ma Wan Fairway can remain unchanged.
    [Show full text]
  • STOXX Hong Kong All Shares 50 Last Updated: 01.12.2016
    STOXX Hong Kong All Shares 50 Last Updated: 01.12.2016 Rank Rank (PREVIOUS ISIN Sedol RIC Int.Key Company Name Country Currency Component FF Mcap (BEUR) (FINAL) ) KYG875721634 BMMV2K8 0700.HK B01CT3 Tencent Holdings Ltd. CN HKD Y 128.4 1 1 HK0000069689 B4TX8S1 1299.HK HK1013 AIA GROUP HK HKD Y 69.3 2 2 CNE1000002H1 B0LMTQ3 0939.HK CN0010 CHINA CONSTRUCTION BANK CORP H CN HKD Y 60.3 3 4 HK0941009539 6073556 0941.HK 607355 China Mobile Ltd. CN HKD Y 57.5 4 3 CNE1000003G1 B1G1QD8 1398.HK CN0021 ICBC H CN HKD Y 37.7 5 5 CNE1000001Z5 B154564 3988.HK CN0032 BANK OF CHINA 'H' CN HKD Y 32.6 6 7 KYG217651051 BW9P816 0001.HK 619027 CK HUTCHISON HOLDINGS HK HKD Y 32.0 7 6 HK0388045442 6267359 0388.HK 626735 Hong Kong Exchanges & Clearing HK HKD Y 28.5 8 8 CNE1000003X6 B01FLR7 2318.HK CN0076 PING AN INSUR GP CO. OF CN 'H' CN HKD Y 26.5 9 9 CNE1000002L3 6718976 2628.HK CN0043 China Life Insurance Co 'H' CN HKD Y 20.4 10 15 HK0016000132 6859927 0016.HK 685992 Sun Hung Kai Properties Ltd. HK HKD Y 19.4 11 10 HK0883013259 B00G0S5 0883.HK 617994 CNOOC Ltd. CN HKD Y 18.9 12 12 HK0002007356 6097017 0002.HK 619091 CLP Holdings Ltd. HK HKD Y 18.3 13 13 KYG2103F1019 BWX52N2 1113.HK HK50CI CK Property Holdings HK HKD Y 17.9 14 11 CNE1000002Q2 6291819 0386.HK CN0098 China Petroleum & Chemical 'H' CN HKD Y 16.8 15 14 HK0688002218 6192150 0688.HK 619215 China Overseas Land & Investme CN HKD Y 14.8 16 16 HK0823032773 B0PB4M7 0823.HK B0PB4M Link Real Estate Investment Tr HK HKD Y 14.6 17 17 CNE1000003W8 6226576 0857.HK CN0065 PetroChina Co Ltd 'H' CN HKD Y 13.5 18 19 HK0003000038 6436557 0003.HK 643655 Hong Kong & China Gas Co.
    [Show full text]
  • Road P1 (Tai Ho – Sunny Bay Section), Lantau Project Profile
    The Government of the Hong Kong Special Administrative Region Civil Engineering and Development Department Road P1 (Tai Ho – Sunny Bay Section), Lantau (prepared in accordance with the Environmental Impact Assessment Ordinance (Cap. 499)) Project Profile December 2020 Road P1 (Tai Ho – Sunny Bay Section) Project Profile CONTENTS 1. BASIC INFORMATION ......................................................................................... 1 1.1 Project Title ................................................................................................................ 1 1.2 Purpose and Nature of the Project .............................................................................. 1 1.3 Name of Project Proponent ........................................................................................ 2 1.4 Location and Scale of Project and History of Site ..................................................... 2 1.5 Number and Types of Designated Projects to be Covered by the Project Profile ...... 3 1.6 Name and Telephone Number of Contact Person ...................................................... 3 2. OUTLINE OF PLANNING AND IMPLEMENTATION PROGRAMME ........ 5 2.1 Project Planning and Implementation ........................................................................ 5 2.2 Project Timetable ....................................................................................................... 5 2.3 Interactions with Other Projects ................................................................................. 5 3. POSSIBLE
    [Show full text]